The Baltimore Ravens agreed in principle with Lamar Jackson on a five-year deal Thursday, securing their star quarterback for the foreseeable future and ending a contract negotiation saga that was dominating the team’s offseason.
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NFL Network’s Ian Rapoport reports the deal is for five years and $260 million, making him the highest-paid quarterback.
NFL Network’s Tom Pelissero reports it includes $185 million guaranteed. He writes the $52-million average makes him the highest-paid player in NFL history, based on his annual contract.
The Ravens announced the deal hours before the first round of the NFL draft, and it’s fair to say that in Baltimore at least, this news will overshadow whoever the team might take in the first round.
Jackson was the NFL’s MVP in 2019, but after playing out his rookie contract, his future was in doubt. Baltimore put the franchise tag on Jackson last month, but the Ravens kept expressing confidence that they could reach a long-term agreement with him.
